Look at the headline of this chart and you can see that global FMS allocation to commodities is at a 7-year low.
This is fascinating, particularly the day before the FOMC meeting and after an increase in M2 over the …
Every week we review the big picture of the market's technical condition as seen through the lens of our Big View data charts.
For Technical Monday, I want to focus on 3 key relationships ahead of this week’s Federal Reserve …
I enjoy sharing with you, my new and devoted readers, the notes I send out to media producers.
In this case, I share my notes with a follow up of how the main themes played out.
Then, I map out …
Looking at the daily S&P 500 chart, we can see we are sitting on the hump this fine Wednesday.
By the hump I mean that given the negative sentiment to start the day, SPY rallied and closed just above the …
Over the weekend I showed you a weekly chart of Bitcoin.
That chart showed how clutch this week would be for the coin as the price held the 50-week moving average and needed to continue to do so.
For today, …
Over the weekend I wrote,
“Bulls want to see IYT hold above its 50-WMA. Otherwise, we believe IYT can get closer to the 200-WMA, but it will not fail it again.”
As Monday began, the first green day in September, …
Is September scaring you enough?
After all, the month started out shaky and ended the first week worse than it began.
Does this mean we are headed for a much bigger fall?
Some analysts are saying that we can expect …
Yesterday, we talked about exercising caution when trading on adages.
Plus, we warned you to be careful not to become too extreme in sentiment.
Then, I pointed out how the “inside” sectors were outperforming and perhaps suggesting things aren’t as …
By now I am sure you have heard how horrible September usually is for the markets.
Indeed, the start of September looks a lot worse than it did at the end of August.
Nonetheless, be careful trading on adages.
And …
Each week (sometimes more often) I write notes for the various producers in the media.
For this long weekend, I am offering them to you as food for thought.
In the overall macro theme, I am sticking to this for …